Ethereum (ETH) News, Price Predictions, Opinions and Analyses Created by Users

Ethereum (ETH)

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Ethereum (ETH) is a decentralized computing platform founded by Vitalik ButerinCharles Hoskinson, and many others. Development began in 2014, with the official release occurring in mid-2015. Described by Buterin as a decentralized computing platform, Ethereum is a more wide-ranging application of the Decentralized Ledger Technology pioneered by Bitcoin

Ethereum was designed with the intention of having a scripting language for application development, which Bitcoin lacks. Dapps (decentralized apps)  are now some of the most intense research and development areas in the digital currency space. As mentioned by Buterin, Ethereum trades some security for versatility, though the development team is working extensively on improving security and scalability. 

Though it does take inspiration from Bitcoin, it differs in many ways. One notable difference is that the consensus mechanism algorithm gives ASICs less of an advantage. Block times range from 10 - 15 seconds as opposed to Bitcoin’s 10 minutes. One notable incident in Ethereum’s history occurred in 2016, when a smart contract flaw resulted in the theft of approximately $50 million worth of Ether. This subsequently resulted in a hard fork, splitting the Ethereum blockchain in Ethereum (ETH) and Ethereum Classic (ETC).

Ethereum itself, like Bitcoin, has inspired many projects, including rival platforms that seek to address the shortcomings of Ethereum. These platforms include EOS and Tron, which at the moment are its two closest competing platforms. Ethereum’s purpose of creating a platform for decentralized applications is its most vaunted aspect, as dapps are widely considered to bring the next era of adoption as specific, well-developed and user friendly crypto-based applications bring legitimacy to digital assets in the wider world.

In this tag, read Ethereum (ETH) news, price predictions, opinions and analyses created by users.

Price analysis 13, August Bitcoin, ethereum, litecoin, XRP and BCH.

13 hours ago 1 minute read 0 comments haidernasir

Bitcoin, litecoin, XRP and BCH is on a downtrend, while Ethereum is on a uptrend. Here a price analysis of five cryptocurrencies. Bitcoin/USD Bitcoin is at $11,372.90 at 1:59 PM GMT, with a loss of -0.96% in the previous 24 hours. Bitcoin with its 24...

New assets available on Celsius. Are they worth?

14 hours ago 4 minute read 0 comments Senzacervello

Since yesterday, the Celsius platform started to support 5 additional assets: $MATIC, $SNX (Synthetix Network Token), $LPT (Livepeer), $KNC (Kybernetwork) and $LINK (Chainlink). The first three come with a very appealing interest rate, both for earni...

Commissions in the Ethereum network have updated a new historical high above $7

14 hours ago 1 minute read 0 comments Danyakot

The average Commission amount in the Ethereum network has updated the historical maximum, reaching $7.4. This is evidenced by data from Blockchain. The previous peak in transaction costs at $5.4 was recorded on July 2, 2018. Since the beginning of A...

Numeraire (NMR) Jumps 172.74% on News That It Will Launch on Coinbase Pro

15 hours ago 1 minute read 1 comment stevo muchoki

Numeraire (NMR) coin surged over 172% yesterday on report that it will be listed on Coinbase Pro by Monday August 17, 2020. The asset opened the market yesterday trading around $20 and managed to hit slightly above $57. However, the asset dropped ove...

🗞 Daily Crypto News, August, 13th💰

16 hours ago 3 minute read 4 comments Crypto_Lemon

Bitcoin Price Above $11.5K as Key BTC Price Metric Suggests $12K Retest; Decentralized Finance Frenzy Drives Ethereum Transaction Fees to All-Time Highs; Down to the Wire: Yam Finance Saved at the Last Minute; A Million South Koreans Now Using Block...

10 crypto-tokens got green light from supervisorsNew York

16 hours ago 1 minute read 0 comments DaLuSt

In the US state of New York, the financial services department has given the green light to 10 cryptocurrency coins.  In addition, 8 virtual currencies have also been given the green light.  As a result, these cryptocurrencies and virtual currencies...

How I Research For Crypto Investing!

18 hours ago 5 minute read 2 comments johnwege

I often make posts about coins that I'm really bullish on.  Coins that I believe the price will dramatically increase in the near future.  And I've have a great track record so far this year.  But after I make these posts, one of the main questions I...

Ethereum Network Fees Have Gone Wild!

18 hours ago 1 minute read 0 comments alberdioni8406

Well, nothing is supposed to be all roses around, the asset price have gone wild and almost beat up the $400 barrier and retreat but also problems on the network start to raise up, with more congestion that led to transaction fees to speed up and rig...

My Crypto Investment Experience with TWEE Coin

19 hours ago 3 minute read 0 comments Eat Less Invest More

This post is to educate myslef and other Crypto friendly users about a CryptoCurrency Coin which I discovered recently over an Exchange Platform. Brief Introduction to the Coin and the technology behind it The name of the Coin is TWEE which is a toke...

How to deal with high Ethereum Gas Fees?

22 hours ago 2 minute read 2 comments cryptovato1

    Ethereum Gas Fees have dramatically increased over a period of 1 year by more than 1,000%. I will show you how you can defend your funds against it:   These gas fees have been also increased by other members of Ethereum ERC-20 Network.   F...